http://www.ajc.com/business/content/business/stories/2007/10/13/chips1013.htmlFrom News Services
Published on: 10/13/07
United Parcel Service Inc.
$76.62
+0.14%
United Parcel Service Inc. employees represented by the Teamsters will get a pay increase of $4 an hour and additional benefits worth $5 an hour under a tentative five-year contract, the union said.
The agreement, reached Sept. 30, was endorsed Thursday by leaders of 300 union locals. It must be approved by the company's almost 240,000 Teamster-represented workers before taking effect. The accord's terms were posted Friday on the Teamsters' Web site.
Sandy Springs-based UPS hasn't disclosed its costs for the proposed contract.
—- Bloomberg News